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ESADE Business School Commencement Speech

Steve Blank

Metrics like Return on Net Assets, Return on Capital and Internal Rate of Return are the guiding stars of the board and CEO. Unfortunately as we’ve learned from recent experience, using Return on Net Assets and IRR as proxies for efficiency and execution won’t save a company when their industry encounters creative disruption.

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How to Write a Business Plan for a Cannabis Company

Up and Running

Intellectual property : List any patents you have or have pending, and mention any core technology you are licensing from another company. Your financial plan helps you track your finances so you can accurately gauge your business’s performance.

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An economics lesson for growing companies

Berkonomics

Venture or angel-financed companies with plenty of working capital sometimes are immune to this working capital need for some time into their growth, but at some point, it will become clear that the cheapest form of finance is not equity in a growing enterprise. It may not be equity. The banks need to be convinced.

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The Latest Questions Small Businesses Are Asking

Up and Running

A venture feasibility study analyzes an idea from several perspectives: market opportunity, competition, resources available, resource gaps, financial viability, operational issues, intellectual property rights, development timeline and technology needs. If not, the business idea is not feasible. Often this is not true.

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10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

Assign real value to intellectual property. In finance, the income approach describes a method of valuing a company using the concepts of the time value of money. The cost approach attempts to measure the net value of the business today by calculating how much it could cost for a new effort to replace key assets.

Valuation 270
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Take care of the little things

BeyondVC

Make sure your basic finances are in order and that all customer contracts, employment-related documents, financing paperwork, etc. Example #1: Your company is about to be sold and as the acquirer is doing due diligence it wants to make sure that there are no outstanding claims to the intellectual property of your company.

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Your Small Business News Roundup 7.31.15

Up and Running

Donald Trump’s wealth was called into question after he bragged about his $10 billion net worth. The House Ways and Means Committee is working on legislation to lower taxes on Intellectual Property. Franchise financing can be especially complicated. What’s in a name? Rising tides.